Talk of The Villages Florida - View Single Post - Delay Social Securiy
Thread: Delay Social Securiy
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Old 09-08-2013, 07:28 PM
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Quote:
Originally Posted by Villager Dude View Post
Our decision is based on the fact my Mother in law lived to 96 (my wife has good genes )

Wife took social security at 66, at 66 I will take 1/2 of hers ( spousal Benefit ), I will defer mine which is higher than hers.

At 70 I will start mine which will be 32% higher than my SS at age 66.

At my demise my wife will get 100% of mine for life which will be far more than hers would be by waiting to age 70.
Sounds like a very sound plan based on my knowledge of the system.